Each coin in the limited mintage of 500 is hand set with a round .04-carat pink diamond. This is the first time a diamond has been incorporated into the design of an Australian legal tender gold coin.

Named “Kimberley Sunset,” the stunning two-ounce coins celebrate the Kimberley region of Western Australia, where spectacular sunsets ignite the evening sky with vivid pink, orange, red, purple and blue hues.

Kimberley is also home of Rio Tinto’s Argyle mine, which has produced 90% of the world’s pink diamonds, but is expected to cease operations in about five years.

The 22-karat pink coins are made from 91.67% gold and 8.33% copper. (The copper gives the coin its the pink color). Each coin contains two ounces of pure gold.

Each proof-quality coin has a denominational value of $500, but costs $6,000 to purchase.

The face of the coin features a beautiful high-relief rendering of a boab tree, which famously live 1,500 years or longer in the Aussie wilderness. The pink diamond is set just above the horizon on the left side of the coin. Etched sunrays radiate from the gem. Around the edge of the coin is the phrase “KIMBERLEY SUNSET," the year "2015," and the designation “2oz FINE GOLD.”

The coin’s obverse features the Ian Rank-Broadley effigy of Elizabeth II encircled by the Queen's name, the country of origin and the monetary denomination of "500 DOLLARS."

Each coin is housed in a black designer case and is accompanied by a numbered certificate of authenticity.

Images: The Perth Mint, YouTube screen capture

About the Author

David and Douglas Meadows, third-generation jewelers, have been helping Atlanta-area customers select quality diamonds since the early 1980s. David Douglas Diamonds & Jewelry provides a friendly atmosphere where you can shop with confidence that you are buying from a reputable, family jeweler with a tradition of fine craftsmanship and service.

We make it easy for you to buy diamonds and jewelry at fair prices. We import gemstones from around the world and stock a wide selection of mountings. With a custom jewelry design center on-site, we can help you create a unique custom piece or redesign a distinctive setting with our CAD/CAM design equipment. We also provide repair and appraisal services.

For more than 75 years, the Meadows family of jewelers has maintained a tradition of fine craftsmanship and quality service to their customers.